As measured by the share of tourism direct gross value added (TDGVA) to total gross domestic product (GDP), the contribution of tourism industry to the economy was estimated at 6.0 percent in 2012.
The TDGVA estimate is based on the latest results of the Philippine Tourism Satellite Account (PTSA) which also provides information on tourism expenditure and employment. The following are the other key results from PTSA: Inbound tourism expenditure, which refers to the expenditure of non-resident visitors (foreign visitors and Filipinos permanently residing abroad) within the Philippines, continued to increase as it posted double-digit growth of
- Inbound tourism expenditure, which represents
4.9 percentof the country’s total exports in 2012, is the third leading exports of the country after electronic components (29.3 percent) and miscellaneous services, which includes business process outsourcing (26.9 percent).
- Accommodation, food and beverage, and shopping topped the list of consumption products among inbound tourists, with shares of
28.9 percent, 25.6 percentand 23.2 percent, respectively, to the total expenditure.
- Domestic tourism expenditure, which includes expenditure of resident visitors within the country either as domestic trip or part of an international trip, grew largely by
15.2 percent, from PhP 575.1 billion in 2011 to PhP 662.7 billion in 2012. Domestic tourism expenditure represents 8.5 percentof the household final consumption expenditure (HFCE) in the 2012 national accounts.
- Employment in tourism characteristic industries was estimated at 4.2 million in 2012, higher by
10.4 percentfrom previous year’s 3.8 million. Share of employment in tourism industries to total employment in the country was recorded at 11.3 percentcompared to 10.3 percentin 2011.
The PTSA is compiled by the National Statistical Coordination Board (NSCB) in collaboration with the Department of Tourism and the NSCB Inter-Agency Committee on Tourism Statistics.
CANDIDO J. ASTROLOGO, JR.
Officer-in-Charge Office of the Secretary General